BTCOnline.io Review

BTConline.io is a self proclaimed industry leading Bitcoin mining pool which is backed up by physical miners equipped with latest algorithms to make as much bitcoins as possible. This firm claims to have data centers across Europe, USA and China.

This service is pretty elegant and simple which is one of the main reason why thousands have fallen prey to this scam.

While we were investigating this service, we found a number of disturbing factors and some fake claims which makes us believe that this platform is nothing but a glorified ponzi scheme. This firm is operational for more than 3 months as of writing this review.

Continue reading our comprehensive and unbiased review to find out why you should never give your money to these scammers.

Company and Contact Details

There is no information about the creators behind this platform. Though we went through all the information put up on this website, there isn’t a single factor which helps to trace the identity of the actual creators.

If this platform was really legitimate why would creators maintain anonymity?

Any firm which provides the retail investors with investment opportunities have to be regulated in order to operate lawfully.

Btconline.io represents an ICO wherein money is raised from investors to purchase more efficient machines and for periodic maintenance of the mining farms, the investors are entitled to certain amount of money after predetermined time period.

Since this company fails to provide any sort of registration or incorporation details, we believe they are operating illegally and in certain way just looting the clients money.

The only way to reach the support team is through email, remember their support team is painfully slow to address your needs.

How does Btconline.io Work?

This firm supposedly provides crypto enthusiasts who does not know much about the technicalities and difficulties involved with mining a way to earn bitcoin. They claim to have mining farms set up in Europe, US and China but there isn’t any credible proof to support their ownership.

The mining equipments they use and their current capabilities in terms of hash rate is not stated anywhere on their website. Looking at this whole platform, it is pretty obvious that they target people who does not know much about the bitcoin and encash their gullibility.

If you are an experienced crypto investor then you can easily detect all the lies on this platform.

What kind of returns can you expect to make with Btconline.io?

The type of returns you are supposed to get depends upon the type of contract you choose, your initial investment and the time period but nonetheless the returns are over exaggerated.

Here are the details about the mining contracts offered by this platform.

Basic

Deposit – 0.01 BTC

Earning – 0.0004 BTC per day

Aff. Commission – 12%

Platinum

Deposit – 0.9 BTC

Earning – 0.08 BTC per day

Aff. Commission – 40%

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Bitcoin Wallet Address:

33VVUZRQ15zMuo5FuPpFsWkEMHQXvswB2h

Professional

Deposit – 0.5 BTC

Earning – 0.03 BTC per day

Aff. Commission – 20%

Enterprise

Deposit – 0.20 BTC

Earning – 0.016 BTC per day

Aff. Commission – 17%

Standard

Deposit – 0.05 BTC

Earning – 0.0025 BTC per day

Aff. Commission – 15%

Testimonies

Testimonies are a kind of social prove which instills trust and confidence among investors. There are a number of testimonies put up on this website wherein the alleged early users express their views about this firm and how it helped them earn significant returns on their investment.

Do not believe any of them as they are not from real users, they are all from fake profiles with a stock photo.

As you can see from the image above this person claims to have earned 155 BTC in 3 months. It is impossible to achieve these type of returns in such a short while. Ask yourself why would they put up fake testimonies unless they are trying to hide something from us?

Affiliate Program

To lure maximum people on to their platform in the shortest period possible they encourage the existing users to refer more people to this service. The affiliates promoting this scam are paid up to 40% of the deposits made by their referrals which is why many blogs and HYIP monitors are promoting this phony platform.

It is not mandatory for the affiliates to be an active investor to collect their commissions.

Deposit and Withdrawal

The only payment method supported by this platform is Bitcoin. Before you buy any plans from this platform remember that Bitcoin transactions are hard to trace which is why scammers love this currency.

They state that the withdrawals are processed instantly but sometimes can take manual approval from their side.

Domain Insight

According to whois.com this domain was registered on 04/4/2018 and expires exactly after a year.

This website ranks 3,743 in Brazil and has a global rank of 22,980 according to the data on alexa.com.

The majority of the traffic coming to this website are from Brazil, Philippines, Indonesia, Bangladesh and India.

Btconline.io Complaints

There have been heaps of complaints against this service on popular forums like Beermoneyforum.com. Hear what the real users are saying about this platform:

Really? I kind of had a feeling about that like “I bet when you hit that withdraw button, they’re going to require an upgrade”. Also they require a min of 0.006 btc to withdraw. That’s currently $38.00. Something not right there and somehow I don’t believe all these people are buying their upgrades like they claim. I also call bs on their reviews.

Is Btconline.io a Scam?

Yes.

The returns offered by this service are all fake. Do not be gullible enough to trust any of their outrageous claims which are not backed up by any sort of credible proof.

Looking at this service and considering all the points discussed above, we strongly believe that they are not at all involved in actual mining activities.

Btconline.io Review Conclusion

Btconline.io is a ponzi scheme which started out by paying certain investors to grow their user base but as you know this model cannot last for long. Sooner or later you are guaranteed to lose your funds.

Do you have any experience with Btconline.io? Share your opinions and views by commenting below.

Summary

Reviewer

Sanath Kumar

Review Date

2018-07-22

Reviewed Item

Btconline.io

Author Rating

1

Help spread the word

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This site is not scam. For 2mounth i testing this site and know i wanna say that100%working.if you have only 1 referral your payment very soon will be confirm. 50$, dont need buy plan.just 1 referral need.

Definitely a scam, so glad i only spent the 35 bucks or so on the basic package. First withdrawal worked immediately, which was only about half the initial investment. Second attempt to withdraw to recoup investment and then invest more, it is and has been in a stalled state since for over a month. Tried withdrawing again the minimum, stalled for over 20 days. Submitted a ticket asking wtf, received a ticket tracking number, just tried to see status, said it couldn’t find my ticket and to try again later. This site is a joke, DO NOT GIVE THEM YOUR MONEY!

I paid 0.01btc and they have not recognized the credit so far; support does not work; I opened 2 tickets a week ago and so far I have not been answered. I already sent an email and I was not answered. Run away from this robbery

I also use this website and wait already 50+days but still noting so I will wait and cancel and stop whit this website ther are more website who will pay out leaving mijn computer 24/7 on but I wil widraw again and then wait again but not us e that website till over 30+days we will see what happen again but after that I dont know Ruud

Yes i have been with them since last year and upgraded to basic and did get one payout and nothing else was waiting on the next payout and sent tickets and emails nothing in return so i looked on YouTube and found out about the scam another one bits the dust give it up y’all its all scams each and every one.i have had so many and just shut them down no payout at all Btconline.io and btc_ hourly. BTC_MINER. Btc antpool all scams

If all bitcoin mining apps are fake or scams ?? Then , which one is the legit?? If you’re expert in this field I guess u can provide me some website or apps that can really mine bitcoin and give earnings

it is totally scam ,before i reached 0.001btc the minimum emount for withdraw was 0.001btc but aftar i reach 0.001btc and i tried to withdraw it became to 0.006btc and its not the point , if you ever look at the table of paymant in the site you will see there are someones who i actualy withdraw with free plan at 0.001btc in a few minutes ago so why they can withdraw with free plan in 0.001btc but i can’t !? i did report them to abuse and the others but they say this site hab been paid for some users and there is evidence of ghe paymant , but im telling you , dont throw your money on their pocket , it is entirely scam .

I will waiting for a months to proceed my request to pay out.. but its always pending.. yes its free only but i always think positive that my request to pay out is granted.. IM FROM THE PHILLIPPINES pls BTCONLINE PLS KINDLY PROCEED MY PAY OUT. THANKS

I reported to namecheap and hostsailor, they investigated the scammer and now they moved both domain name and hosting to new service providers. But I will continue report until they close the site. If you guys who lost money like me report to the hosting and domain name registrar they cannot survive longer.

This is a scam, I invested 0.05 in standart plan and got almost my return in balance on the web site, but I submitted requests to withdraw they are pending for a month. I reported this scammer to [email protected], [email protected] but they haven’t shutdown this site.

I signed up with this site 2 months ago with free account. Now I reach the minimum amount of withdrawal 0.006 btc but when I click the withdraw button, it didn’t respond. I wish this is not a scam. I will wait for it for a following days. If it will not still respond then it’s a scam.

i guess it may true that this website is scam but in india, all my friends got their free 00.6 btc in their wallet. and from last three months my friend has earned 1.22 btc withdrawl from this company absolutely free…i think that is awosome…because he got it free…i guess more 2 month this site can survive….i no its impossible to give so much free btc….because now day for mining 1 btc….how much one Town use electricity for 1 month…that much electricity is needed for 1 btc mining. so please ensure you withdraw your btc when it reaches the thrashold….enjoy ice cream becfore it gets melt…

the free withdrawal could be someone else deposit, they will let you withdraw once or twice just to lure ppl in to deposit more btc on their site, once they accumulate more btc they will eventually exit scam